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Category: Markets

Markets

S&P 500, Nasdaq close higher after Fed comments

April 4, 2024

The S&P 500 and Nasdaq closed higher on Wednesday after data showing the US services industry growth slowed further in March,…

Markets

FBM KLCI jumps on improved global growth outlook

April 4, 2024

KUALA LUMPUR: Investors ramped up the buying of blue chips on Bursa Malaysia as recent inflation data coming out of…

Markets

Bursa Malaysia drifts lower on negative Wall Street performance

April 4, 2024

Bursa Malaysia drifted lower yesterday, snapping a three-day winning streak, taking cues from the negative developments on Wall Street overnight,…

Markets

FBM KLCI shows slight recovery amid mixed Wall St close

April 4, 2024

KUALA LUMPUR: The domestic stock index opened on a slight rebound following the previous day's sharp decline as Wall Street…

Markets

Not the right time to impose CGT on disposal of shares

April 3, 2024

KUALA LUMPUR: The government does not consider it suitable to impose capital gains tax on the disposal of shares of listed companies at…

Markets

Bursa Malaysia drifts lower on negative Wall St performance

April 3, 2024

KUALA LUMPUR: Bursa Malaysia drifted lower on Wednesday, snapping a three-day winning streak, taking cues from the negative developments on Wall Street…

Markets

Binastra shares reclassified under construction sector

April 3, 2024

KUALA LUMPUR: Binastra Corp Bhd's shares will be reclassified under the construction sector and sub-sector with effect from April 8,…

Markets

Asian shares fall as US yields hold near 4-month high, earthquake hits

April 3, 2024

SYDNEY: Asian shares tracked Wall Street lower on Wednesday as U.S. yields stood near four-month highs, while a powerful earthquake…

Markets

Indices end lower as rate cut timing weighed

April 3, 2024

US stocks fell on Tuesday as investors weighed chances that the Federal Reserve could delay cutting interest rates, while Tesla shares…

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Crypto World

1
Cryptocurrency

Ethereum Foundation sells another 10,000 ETH to BitMine in third OTC deal

May 2, 2026

The Ethereum Foundation has completed a third over-the-counter (OTC) sale of ETH to BitMine Immersion Technologies, offloading another 10,000 ETH at an average price of $2,292 per coin, worth roughly $22.9 million.“This sale funds the…

2
Cryptocurrency

Riot posts $167M in Q1 revenue as data center arm pulls in $33M in first quarter

May 2, 2026

Riot Platforms posted $167.2 million in revenue for the first quarter of 2026, with its newly launched data center business contributing $33.2 million.The data center revenue helped offset a decline in Riot’s core Bitcoin mining…

3
Cryptocurrency

A16z sides with CFTC against states seeking to ban prediction markets

May 2, 2026

A16z has thrown its weight behind the Commodity Futures Trading Commission (CFTC) in a growing federal-state standoff over prediction markets, opposing state regulators that try to shut down platforms like Kalshi and Polymarket.The venture capital…

4
Cryptocurrency

Brazil bars crypto settlement in regulated cross-border payment rails

May 1, 2026

Brazil’s central bank, Banco Central do Brasil (BCB), has barred the use of virtual assets in certain regulated international payment and transfer services, tightening rules for cross-border payment providers operating under the country’s eFX framework.On…

Economy

Economy

The U.S.-Iran war is coming for your credit score and mortgage application

May 2, 2026
Economy

Weight loss and hair loss: The growing hair treatment market from GLP-1s

May 2, 2026
Economy

Spirit Airlines shuts down after failing to reach a bailout deal, ending discount travel era

May 2, 2026
Economy

Fed dissenters explain ‘no’ votes, saying they disagreed with hinting next move would be a cut

May 1, 2026
Economy

Pentagon tech chief says Anthropic is still blacklisted, but Mythos is a separate issue

May 1, 2026
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